David Rubenstein, co-chief executive officer of Carlyle Group LP, said returns on private equity will decline from their historic averages as lackluster economic growth forces firms to put more money into deals and hold their investments longer.
David Rubenstein, co-chief executive officer of Carlyle Group LP, said one of the reasons he is taking his private-equity firm public is to “liquefy” his stake.
"They did some things that maybe they wish they had not invested in."
- David Rubenstein on Nov 11, 2014
A Closer Look With Arthur Levitt: David Rubenstein